Andhra Pradesh attracted investment proposals worth ₹22 lakh crore since June 2024: Vice-President

VISAKHAPATNAM Vice-President C.P. Radhakrishnan, addressing the valedictory session of the 31st CII Partnership Summit here on Friday, lauded Andhra Pradesh’s rapid development since bifurcation, noting that the State had attracted investments worth ₹22 lakh crore since June 2024. He said the State was making progress towards the goals of ‘Swarna Andhra’ and ‘Viksit Bharat’.

Emphasising the summit’s theme, ‘Navigating the New World Order’, he called upon stakeholders to adopt a ‘work together, grow together, share prosperity’ approach. He stressed the need to strengthen domestic manufacturing, MSMEs and digital public infrastructure to enhance global competitiveness. Chief Minister N.

Chandrababu Naidu announced major investment commitments, including ₹2.43 lakh crore from Reliance and ₹18,800 crore from Kia to manufacture an additional two lakh cars annually.